The Future of Smart Hospitals: Concept Definition, Application, and $5+ Billion Growth Opportunities - ResearchAndMarkets.com

DUBLIN--()--The "Future of Smart Hospitals" report has been added to Research and Markets' offering.

The entire industry has probably heard the term of Smart Hospitals' or the Intelligent Hospitals'. However, only a few truly understand the concept, as there is plenty of ambiguity around the term, with each stakeholder defining it in a way that relates to themselves and their services.

Some even confuse a digital hospital to a smart hospital. However, an all-encompassing approach, which defines every element of the concept is lacking. Application of the concept is also a challenge - very few hospitals have the financial resources to implement all the smart solutions necessary to become a smart hospital.

However, there are strategies that can enable implementation of smart solutions in a piecemeal approach to become smart. Indeed, a majority of existing global hospitals already have or are likely to implement smart solutions. A few smart hospital projects do exist already and are spread across the globe. Additionally, a majority of the new hospital projects (brownfield and greenfield ventures) in the hotspot areas of Canada, Nordic regions, and Australia are likely to be full-scale smart hospital projects.

Without a doubt, smart hospitals will have a major impact on global healthcare systems. Hospital expenditures account for the largest share of healthcare expenditures, and as global economies struggle to reduce overall expenditures on health, smart hospitals will prove to be an effective tool to achieve that target. Additionally, smart hospital approaches enable better quality of care with personalized approaches and reduced medical errors to achieve better patient outcomes. To cater to the trend of consumerization in healthcare, smart hospitals employ a patient-centric approach to ensure patient experience is optimal, allowing for better revenue generation.

This study covers the market imperative for moving toward smart solutions and hospitals, the very definition of a smart hospital along with its framework, the difference between a digital hospital and a smart hospital, profiles of select smart hospitals across the world, and the three areas a smart hospital must cover, such as operational efficiency, clinical excellence, and patient centricity. Additionally, it offers key takeaways for the industries serving smart hospitals - medical devices, pharmaceuticals and life sciences, health IT, internal logistics, and even facilities management and also provides select growth opportunities for vendors to capitalize on. It also highlights the challenges faced in achieving the smart hospital vision, while providing some strategic insight into how these could be alleviated.

Growth Opportunities

  • Hospital Business Challenges Quantified - US Perspective
  • Sub-$5 Billion Growth Opportunities
  • $5+ Billion Growth Opportunities
  • Challenges for the Smart Hospital Vision
  • Smart Hospitals Implementation Roadmap
  • Emerging ICT Vendor Strategies to Support Smart Hospitals
  • Strategic Imperatives for Success and Growth

Key Topics Covered:

1. Executive Summary

2. Background

3. Market Overview

4. Regional Trends

5. Operational Efficiency

6. Clinical Excellence

7. Patient Centricity

8. Industry Takeaways

9. Growth Opportunities

10. The Last Word

11. Appendix

Companies Mentioned

  • Farrer Park Hospital
  • Humber River Hospital
  • Nuffield Health Bristol Hospital
  • Prince Court Medical Centre
  • Royal Adelaide Hospital
  • Seoul National University Bundang Hospital
  • St Stephen Hospital
  • University of Pittsburgh Medical Center

For more information about this report visit https://www.researchandmarkets.com/research/4ggg9t/the_future_of?w=4

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Hospital Management

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Hospital Management